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| Date: | Wed, 13 Mar 2013 16:02:46 -0400 |
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At first glance it sounds like a "friends" organization. Would the sub-organization contribute from their own pockets and solicitation of others, or would it stage fundraisers?
Cindy Boyer
Director of Public Programs
The Landmark Society of Western New York
133 S. Fitzhugh St.
Rochester NY 14608
(585) 546-7029 ext. 12
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Fax: (585) 546-4788
The Landmark Society: Celebrating 75 years as one of America's oldest and most active preservation organizations!
www.landmarksociety.org
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-----Original Message-----
From: Museum discussion list [mailto:[log in to unmask]] On Behalf Of Jessica Baldwin
Sent: Wednesday, March 13, 2013 2:29 PM
To: [log in to unmask]
Subject: [MUSEUM-L] Board Question
Oh Wise Listers-
Quick board scenario for your review.
A long standing museum has a board of 25. Less than half of those members are active financial contributors, only 3 of which give $5,000 or less annually. There is no suggested or required board contributions. The board understands that growing the endowment is ideal for financial security. The board proposes a solution to the internal lack of contributions - create a sub-organization with its own board that financially contributes to the museum, it's buildings, and other programs run by the main board.
Question: Does anyone have any experience with this type of solution?
Thank you!
Jessica
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